By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a “good thing” that signals productivity …
productivity
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MIsc. News
Exclusive-Panasonic puts productivity boost ahead of new EV plant in US
by Reutersby ReutersBy Daniel Leussink and Miho Uranaka TOKYO (Reuters) – Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off …
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MIsc. News
Productivity adds the anesthetic to Powell’s pain-free disinflation
by Reutersby ReutersBy Howard Schneider WASHINGTON (Reuters) – A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell’s emerging narrative for how inflation may continue to decline even amidst …
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Business News
Analysis-Canada’s losing productivity streak adds to inflation problem
by Reutersby ReutersBy Fergal Smith and Steve Scherer TORONTO (Reuters) – Canada’s record of declining productivity over the past three years is likely to make it more difficult for the Bank of …
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By Stella Qiu SYDNEY (Reuters) – Australia’s employment surged in August while its participation rate hit a record high and the jobless rate held steady, in a sign that decade-high …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say
Biden’s Burdensome Regulations Are Contributing To Lackluster Economic Productivity, Experts Say Will Kessler on August 7, 2023 Labor productivity reached 1.3% growth year-over-year for the second quarter of 2023 after …
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Business News
US productivity surges in second quarter; labor costs growth slows
by Reutersby ReutersWASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and offering another boost to the improving inflation outlook. Nonfarm productivity, …
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Business News
Applied Materials aims to boost chip factory productivity with new tech
by Reutersby ReutersBy Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its core semiconductor manufacturing equipment in more than decade, aiming to …
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WASHINGTON (Reuters) – U.S. worker productivity fell more than expected in the first quarter after growing in the second half of 2022, boosting labor costs, which could see the Federal …
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Business News
Australia report calls for tax, migration reforms as productivity stalls
by Reutersby ReutersSYDNEY (Reuters) – Australia’s Productivity Commission called on the federal government on Friday to improve tax and migration systems, remove import tariffs and secure net-zero carbon emissions at the lowest …
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(Reuters) – Volkswagen needs to focus on productivity at its mass-market brands to cope with a step up in competition this year as supply chains improve, car production rises and …
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Business News
US fourth-quarter labor costs revised higher; productivity growth lowered
by Reutersby ReutersWASHINGTON (Reuters) – U.S. labor costs grew faster than initially thought in the fourth quarter, though the pace has slowed from the prior quarters. Unit labor costs – the price …
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WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which measures hourly output per worker, …
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Conservative TimesGovernment NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough
Employee Turnover Is Devastating Productivity — And Businesses Have Had Enough Laurel Duggan on January 3, 2023 Employee turnover has surged since the pandemic, and the need to replace and …
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Business News
Volkswagen to refocus on raising productivity, warns of challenging 2023 – finance chief
by Reutersby ReutersBERLIN (Reuters) – Volkswagen will refocus on raising productivity after numerous challenging years and is targeting margin parity between electric and combustion engine cars in 2-3 years if raw material …
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WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep inflation elevated. Nonfarm productivity, which …
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LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boost ailing productivity, Bank of England policymaker Catherine Mann said in a podcast released …
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Financial News
Revisions confirm steep decline in U.S. productivity in second quarter
by Reutersby ReutersWASHINGTON (Reuters) – U.S. worker productivity plunged in the second quarter, leading to the largest year-on-year decline on record, the government confirmed on Thursday, keeping upward pressure on labor costs. …
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WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that …
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Financial News
U.S. productivity posts biggest decline since 1947 in first quarter
by Reutersby ReutersWASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, indicating that rising wage pressures will continue …
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Financial News
Mexico must enact reform to boost productivity, says World Bank
by Reutersby ReutersMEXICO CITY – Mexico should enact a series of reforms to boost the country’s low productivity, the World Bank said in a report released on Wednesday. It said the need …
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WASHINGTON – U.S. worker productivity rebounded strongly in the fourth quarter, curbing growth in unit labor costs, the government confirmed on Thursday. Nonfarm productivity, which measures hourly output per worker, …
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Business News
U.S. worker productivity rebounds in fourth quarter; labor costs tepid
by Reutersby ReutersWASHINGTON – U.S. worker productivity rebounded more than expected in the fourth quarter, curbing labor costs growth, but the coronavirus pandemic has distorted the data and prevented a clear trend. …